Microsoft is a dominant producer of operating system software for personal computers because
A. Linux and OS2 were unstable and vulnerable to frequent security failures.
B. the U.S. Justice Department has always encouraged Microsoft to dominate its market.
C. its Windows product was one of the first to appear in the market.
D. all of the above.
Answer: C
Economics
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The above figure shows the demand curve for movie rentals from Redbox. If Redbox lowered its price from $4.00 to $3.50, then total revenue would ________ because demand is ________
A) decrease; elastic B) increase; elastic C) decrease; inelastic D) increase; inelastic
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A successful trademark is one that becomes a generic name for a product, for example, "Kleenex" has become a generic term for tissues
Indicate whether the statement is true or false
Economics